---
type: "Bill"
title: "Dredging projects; tax increment, financing."
description: "Specifies that dredging projects are development projects eligible for tax increment financing. A dredging project by or for the Virginia Port Authority is not eligible for such financing unless the Authority has an agreement with a local governing body for local financial participation in the project."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2018"
identifier: "HB 1092"
citation: "Virginia HB 1092 (2018)"
classification: ["bill"]
subjects: ["Taxation"]
status: "enacted"
primary_sponsors: ["M. Keith Hodges"]
version_count: 3
action_count: 23
vote_count: 7
first_action: "2018-01-10"
last_action: "2018-03-02"
source: "openstates"
source_identifier: "ocd-bill/7b635f40-a305-413d-a07c-7cf1d0df7450"
source_url: "http://lis.virginia.gov/cgi-bin/legp604.exe?181+sum+HB1092"
source_hash: "4f1931713ec4805797a984c6166fb42de25456b25bc6d6d9bcf94c7c5681b840"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---

# Virginia HB 1092 (2018) — Dredging projects; tax increment, financing.

Specifies that dredging projects are development projects eligible for tax increment financing. A dredging project by or for the Virginia Port Authority is not eligible for such financing unless the Authority has an agreement with a local governing body for local financial participation in the project.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **House: Bill text as passed House and Senate (HB1092ER)** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB1092ER)
2. **House: Prefiled and ordered printed; offered 01/10/18 18102299D** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB1092)
3. **House: Printed as engrossed 18102299D-E** (committee substitute) — [source](http://lis.virginia.gov/cgi-bin/legp604.exe?181+ful+HB1092E)

## Votes

- Read third time and passed House — **97–0** (pass) · legislature
- Reported from Finance with amendment — **22–0** (pass) · legislature
- Senate amendment agreed to by House — **99–0** (pass) · legislature
- Subcommittee recommends reporting with amendment — **10–0** (pass) · legislature
- Passed Senate with amendment — **38–0** (pass) · legislature
- Constitutional reading dispensed — **40–0** (pass) · legislature
- Reported from Finance with amendment — **15–0** (pass) · legislature

## Sponsors

- M. Keith Hodges — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2018-01-10** Prefiled and ordered printed; offered 01/10/18 18102299D `introduction`
- **2018-01-10** Referred to Committee on Finance `referral-committee`
- **2018-01-23** Assigned Finance sub: Subcommittee #1 `referral-committee`
- **2018-01-31** Read first time `reading-1`
- **2018-02-01** Read second time `reading-2`
- **2018-02-01** Committee amendment agreed to
- **2018-02-01** Engrossed by House as amended HB1092E
- **2018-02-01** Printed as engrossed 18102299D-E
- **2018-02-02** Read third time and passed House (97-Y 0-N 1-A) `passage, reading-3`
- **2018-02-05** Constitutional reading dispensed
- **2018-02-05** Referred to Committee on Finance `referral-committee`
- **2018-02-16** Read third time `reading-3`
- **2018-02-16** Reading of amendment waived
- **2018-02-16** Committee amendment agreed to
- **2018-02-16** Engrossed by Senate as amended
- **2018-02-20** Placed on Calendar
- **2018-02-20** Senate amendment agreed to by House (99-Y 0-N 1-A)
- **2018-02-22** Enrolled
- **2018-02-22** Signed by Speaker
- **2018-02-23** Signed by President
- **2018-02-26** Enrolled Bill communicated to Governor on February 26, 2018
- **2018-02-26** Governor's Action Deadline Midnight, March 5, 2018
- **2018-03-02** Approved by Governor-Chapter 120 (effective 7/1/18) `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7b635f40-a305-413d-a07c-7cf1d0df7450`. Confidence: reported (aggregated from official Virginia legislature records).